I'm an auditor, know little about the intricacies of law, but here I am watching two guys talk about a case for 40 minutes on my day off and am fascinated.
Yes. I've been in tech for my entire 35 year career. I've never seen the inside of a court room, minus a couple traffic tickets. I could not turn this off. I
@ There’s a ton to talk about. We thought some of the defense lawyers comments were nonsense, especially the questioning about your client’s marriage. We also quickly agreed that the client didn’t share fault, the dump truck driver was 100% at fault. Were we took a while was deciding the compensation. You (picked?) a really good advocate and I believe defense did too. The numbers were originally thrown around were in the low 30ks but then some were thinking well above 500k asking amount. After many methods of calculating the amount together we eventually calculated our own numbers and wrote them on the white board. We voted down numbers that were too low and too high until we narrowed down to the 385k. Some people really advocated for your client and the cost of his pain. Others had their doubts due to his other accidents but we all agreed to the number. It was a good civic experience. It was a great experience to be in a room of level headed people from all walks of life that came together to take care of the task at hand. Also I was surprised to see how quickly you met everyone at the lobby. I was also kind of surprised how much of the trial felt like a show at sometimes.
@@MikeRafiLawyer Objection your honor. Your most popular short has 12M views. I'm no youtuber but I'm fairly sure 100K subscribers was the minimum requirement for a tick mark.
I have a question - the truck driver was admittedly distracted. Why did this case take so long and then go to trial? It seems open and shut in that respect
1:42 'Phone magically fell off the seat' Commenting now cause I'm interested to see if the driver's suspension comes up about this and wanna come back if it does. I live on a country road and our suspension once got really messed up you had to hold on to anything you didn't want in the floor lol
This was super interesting! You deserve more subscribers than you have, especially if you do more of this type of thing. Also lol fuck those crap lawyers who made the situation worse for everyone.
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that.
As much as people love to hate on personal injury attorney's (and there's sometimes valid reason for that), I really hope that when you're discussing the fees you're recovering that people watching don't entirely forget earlier in the video where you mentioned that the defense drug this case out for five years. That's almost hard to wrap your head around; investing that much time and energy (and, of course, money) into a case, and then taking it to trial where the jury can go, nah, you just wasted that five years, you and your client go home with nothing.
The theatrics in court are the best part in my opinion and I know that's an unpopular opinion by most. I've seen cases won and lost on the theatrics alone. I've heard some opening statements that by the end of it you know that if that person shows what they say they're going to show they've got every juror already in the bag😅
Mike I enjoy when you do these videos. First with the other gentleman, both of you were funny yet gave us facts. Same here but no funny 😅. It appeared this younger attorney was in a hot seat.
When and if you get that close to 700k (so let's say 300k more than 385k from the judgement), what is the split of the money between your client and your law firm? Is it the same as with judgement alone (subtract the expenses and 30/33/35/40/whatever percentage split) or does it work differently because the other side is paying your fees, so this works differently?
Bad faith is different. The claim is actually owned by the defendant - they say to their insurance company, you could have accepted an offer for X that was within the insurance policy limits so we wouldn’t have owed anything, but you denied it unreasonably (unreasonableness is the key), and now owe X + Y, and that amount is more than my policy limits so I have to pay Z out of my own pocket. I shouldn’t have to pay anything out of my own pocket because you should have acted reasonably (again, key word) and accepted the offer. Often times plaintiff, who is owed the money, says to defendant, hey, we won’t try to collect Z from you in exchange for you allowing us to bring the bad faith claim to get Z on your behalf.
if you get these fees does that pay what would have been paid for by your client? So that's really his money? Also, 700k? Was your client actually going to see any money after costs removed from his 60% if you didn't get this?
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that.
@@MikeRafiLawyer You get the 40% "profit" as well as covering all your costs so the 40% really is pure "profit" (I know it's what you get paid for your time). But when you do the math and say the penalty to the other side was 315k and then you take 60% of 385 and he was only going to get 231k (max with zero costs which obviously never happens) that seems like he would have ended up at zero (negative, but obviously he can't owe you money, right?) after you recouped your costs. Can you give me a quick description of why my math is bad for a generic situation like this?
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that. That is bad faith in a nutshell.
I'm an auditor, know little about the intricacies of law, but here I am watching two guys talk about a case for 40 minutes on my day off and am fascinated.
Yes. I've been in tech for my entire 35 year career. I've never seen the inside of a court room, minus a couple traffic tickets. I could not turn this off. I
Thanks for watching.
Being a juror on this case and hearing Mr. Rafi’s perspective was really interesting.
You were a juror??? Tell me more… please.
@ There’s a ton to talk about. We thought some of the defense lawyers comments were nonsense, especially the questioning about your client’s marriage. We also quickly agreed that the client didn’t share fault, the dump truck driver was 100% at fault. Were we took a while was deciding the compensation. You (picked?) a really good advocate and I believe defense did too. The numbers were originally thrown around were in the low 30ks but then some were thinking well above 500k asking amount. After many methods of calculating the amount together we eventually calculated our own numbers and wrote them on the white board. We voted down numbers that were too low and too high until we narrowed down to the 385k. Some people really advocated for your client and the cost of his pain. Others had their doubts due to his other accidents but we all agreed to the number.
It was a good civic experience. It was a great experience to be in a room of level headed people from all walks of life that came together to take care of the task at hand. Also I was surprised to see how quickly you met everyone at the lobby. I was also kind of surprised how much of the trial felt like a show at sometimes.
I've never been interested in what lawyers do. But, I learn something new with each video. Thanks Mike! Keep up the good work..
The jacket is great. His beard complements it somehow.
Thanks, will do!
Mike you should apply for the verified tick you got way more than 100K subscribers at the moment. Also that jacket looks phenomenal.
I’ll look into it. Not sure I’m popular enough. Maybe one day!
And it's set to be banned in a few weeks
@@MikeRafiLawyer Objection your honor. Your most popular short has 12M views. I'm no youtuber but I'm fairly sure 100K subscribers was the minimum requirement for a tick mark.
"Charlie's 11 that's not a compliment" poor charlie catching strays here. Really cool video thanks for sharing!
This was a great episode thank you for the content 👍
Glad you enjoyed it
This is incredible, like a podcast mixed with a Reading and explanation of a case.
I really enjoy this long format videos
Looking forward to the Mike Rafi Law Firm Cinematic Universe with all your employees.
New character unlocked in this one
Well, now I'm anxious for part 2 ! Awsome explanations!
His phone fell down, and he wanted in on the action.
Great episode, as always!! Can't wait to see your next video!
I have a question - the truck driver was admittedly distracted. Why did this case take so long and then go to trial? It seems open and shut in that respect
Defense claimed he wasn’t distracted or following too closely. They argued to the jury our client was 100% at fault.
1:42 'Phone magically fell off the seat' Commenting now cause I'm interested to see if the driver's suspension comes up about this and wanna come back if it does. I live on a country road and our suspension once got really messed up you had to hold on to anything you didn't want in the floor lol
This was super interesting! You deserve more subscribers than you have, especially if you do more of this type of thing. Also lol fuck those crap lawyers who made the situation worse for everyone.
Video itself is super interesting, but y'all should look into using a de-esser in your audio chain. That sibillance is... intense.
So if you get the lawyers fees, does that mean your client keeps the entire 385k?
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that.
As much as people love to hate on personal injury attorney's (and there's sometimes valid reason for that), I really hope that when you're discussing the fees you're recovering that people watching don't entirely forget earlier in the video where you mentioned that the defense drug this case out for five years.
That's almost hard to wrap your head around; investing that much time and energy (and, of course, money) into a case, and then taking it to trial where the jury can go, nah, you just wasted that five years, you and your client go home with nothing.
Mike, we need you on the toilet answering questions!
No one needs that. I’ll stick to responding to comments from … here.
😂😂
The theatrics in court are the best part in my opinion and I know that's an unpopular opinion by most.
I've seen cases won and lost on the theatrics alone.
I've heard some opening statements that by the end of it you know that if that person shows what they say they're going to show they've got every juror already in the bag😅
Mike I enjoy when you do these videos. First with the other gentleman, both of you were funny yet gave us facts.
Same here but no funny 😅. It appeared this younger attorney was in a hot seat.
When and if you get that close to 700k (so let's say 300k more than 385k from the judgement), what is the split of the money between your client and your law firm? Is it the same as with judgement alone (subtract the expenses and 30/33/35/40/whatever percentage split) or does it work differently because the other side is paying your fees, so this works differently?
When is a jury verdict big enough vs the original settlement offer to induce a bad faith claim?
Bad faith is different. The claim is actually owned by the defendant - they say to their insurance company, you could have accepted an offer for X that was within the insurance policy limits so we wouldn’t have owed anything, but you denied it unreasonably (unreasonableness is the key), and now owe X + Y, and that amount is more than my policy limits so I have to pay Z out of my own pocket. I shouldn’t have to pay anything out of my own pocket because you should have acted reasonably (again, key word) and accepted the offer.
Often times plaintiff, who is owed the money, says to defendant, hey, we won’t try to collect Z from you in exchange for you allowing us to bring the bad faith claim to get Z on your behalf.
if you get these fees does that pay what would have been paid for by your client? So that's really his money? Also, 700k? Was your client actually going to see any money after costs removed from his 60% if you didn't get this?
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that.
@@MikeRafiLawyer You get the 40% "profit" as well as covering all your costs so the 40% really is pure "profit" (I know it's what you get paid for your time). But when you do the math and say the penalty to the other side was 315k and then you take 60% of 385 and he was only going to get 231k (max with zero costs which obviously never happens) that seems like he would have ended up at zero (negative, but obviously he can't owe you money, right?) after you recouped your costs. Can you give me a quick description of why my math is bad for a generic situation like this?
Is his name Germaine, or was his name germane to the case?
Jermaine
@ oh, I was kidding. But I appreciate the follow-up!
I have to be honest if you’re using sex to establish a quality of life decline I’d bring up the clients relationship issues too 😂
All money recovered - verdict, fees, expenses, and interest - goes into the pot and is allocated to us and client pursuant to contract. So not exactly that we get the fees and he gets the rest, but not far from that.
That is bad faith in a nutshell.